Standard Chartered is opening a new entity in Luxembourg after obtaining approval to offer digital asset custody services in the European Union.
"Altcoin markets are currently a zero-sum player versus player game," market analyst and CryptoQuant CEO Ki Young Ju wrote.
Kenya's move represents a significant policy shift from their previous warnings about the crypto industry.
Grayscale revealed an extensive list of cryptocurrencies, including meme coins and AI tokens, which could soon join its investment products.
A new chapter in the ongoing saga of digital assets is about to unfold on Capitol Hill. What Happened: The announcement that the Senate Banking Committee will create its first-ever subcommittee dedicated to cryptocurrency and blockchain technology signifies far more than just another committee meeting.
UK Treasury amends law to exclude crypto staking from collective investment schemes. The staking rules will take effect on January 31, 2025.
The monthly crypto funding has begun to increase after relatively consolidating since 2023. According to DefiLlama, the figures recorded at the end of December reveal a potential initial trend in the metrics rise in 2025.
A federal grand jury has indicted three Russian individuals for running Blender.io and Sinbad.io, two crypto-mixing services reportedly used for money laundering.
Luxembourg will host Standard Chartered's EU digital asset operations.
Kong Suan, the CEO of Cube Entertainment, is facing allegations of misleading investors in a cryptocurrency scheme linked to a digital token called “Nestree.” The accusations have prompted concerns among affected individuals, who are now considering legal action. Cube Entertainment, known for managing popular K-pop groups like Pentagon, ventured into the cryptocurrency space in 2022.
A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.”
Bybit to Temporarily Halt Crypto Trading in India, Citing Regulations
A group of Philippine banks is joining forces to launch a peso-backed stablecoin, PHPX, to enhance cross-border payments and promote financial inclusion. The post Philippine Banks Collaborate to Launch PHPX Stablecoin for Enhanced Cross-Border Payments appeared first on Cryptonews.
RWA Watchlist has released a ranking of the top-performing Real World Asset (RWA) tokens in 2025. The list categorizes these tokens into tiers based on their impact, innovation, and market presence within the evolving crypto ecosystem.
In this interview, we spoke with Patrick Aarikka, the Chief MiCA Officer of White Swan. Patrick discussed the history of the White Swan project, the creation of the SWAN memecoin, and the inspiration behind its development.
While the cryptocurrency market continues to oscillate between hype and real-world potential, many of the world's biggest banks have for years been quietly cutting their teeth on the technology that underpins it: blockchain.
The CEO of K-pop giant Cube Entertainment is under fire after being accused of participating in a crypto investment scam. He is suspected of allegedly using the entertainment company to inflate the price of the alleged scam token and now risks legal action.
The Consumer Financial Protection Bureau (CFPB) introduces a proposal to safeguard crypto wallet users, mandating refunds for losses caused by hacks or unauthorized transactions.
The crypto industry wanted regulation, and now they have it – with the EU's MiCA. You would think this will be embraced at first glance.
The Consumer Financial Protection Bureau has proposed a rule that would require U.S. cryptocurrency companies to refund customers who lose funds due to hacks or unauthorized transactions.
Canada's potential future PM has endorsed crypto in the past, but industry executives warn it may harm his upcoming campaign.
We all know how utility and credentials make or break cryptocurrencies, but is that all there is to it? A meme coin's market hype, including what the most popular crypto influencers are saying, can have a massive impact on its presale numbers and, ultimately, on its performance once it's listed.
TL;DR The USD0++ stablecoin introduces a dual exit system, causing volatility and uncertainty in the market. Users face the choice between a conditional exit with penalties or an unconditional exit with a minimum price of $0.87, which will increase to $1 over four years.
A recent comment from a Federal Reserve official has sparked speculation across financial markets, particularly in the cryptocurrency sector.
This decision comes as the company navigates evolving regulations in India. It aims to finalize its registration as a Virtual Digital Asset Service Provider (VDASP) in the coming weeks.
Bybit may suspend all traders from India for weeks, until it finishes the registration with local financial regulators.
Global cryptocurrency exchange Bybit has announced a temporary halt to its trading services in India, citing evolving regulatory developments. The post Bybit Suspends Crypto Trading Services in India Amid Regulatory Changes appeared first on Cryptonews.
The new regulation classifies staking as a technical process, clarifying blockchain networks like Ethereum and Solana. UK Treasury amends FSMA to separate crypto staking from investment schemes, effective January 31, 2025.
Bybit will temporarily restrict its services for Indian users starting Jan. 12. This pause comes as the platform completes its registration as a Virtual Digital Asset Service Provider with India's Financial Intelligence Unit, according to a company announcement.
2025 looks promising for the cryptocurrency industry after sectors like OTC and stablecoin transactions witnessed booms in 2024, Finery Markets experts shared.
While the cryptocurrency sector can be extremely volatile, its unpredictability can present exciting opportunities for investors who want to profit from sudden price movements. Take $WIF, for example.
The Telegram-based game Seed has announced key details regarding its token launch and airdrop, which are set to occur soon on the Sui blockchain.
Bybit in India will temporarily halt new trades, deposits, and product access from January 12, 2025.
Crypto exchange Bybit has announced that its temporarily halting its services in India amid crypto regulation and compliance issues. The exchange will suspend all products and services as from January 12, 2025 at 8:00 am UTC, an update published on Jan 10 noted.
Kenya's move to legalize crypto assets could boost financial inclusion and innovation, positioning the country as a leader in digital finance. The post Kenya set to legalize crypto, says Finance Minister John Mbadi appeared first on Crypto Briefing.
Despite regulatory restrictions, Asia is emerging as the global epicenter of crypto, capturing 60% of users worldwide. A recent study by Foresight Ventures and Primitive reveals that the Asian continent generates the largest share of global liquidity, with five Asian countries ranking in the top 10 of the global crypto adoption index in 2024.
Plural Energy is already tokenizing renewable energy projects; it wants these assets to permeate through the crypto ecosystem.
Such a subcommittee already exists in the larger House of Representatives, which is also undergoing a leadership change.
The crypto market faces challenges as SEC Chair Gary Gensler plans to step down on January 20, 2025. Bitcoin struggles to maintain momentum, trading below $100,000.
The Senate Finance Committee has reportedly locked in January 16 as the big day for Scott Bessent, President-elect Donald Trump's pick for Treasury Secretary. So now Scott, a hedge fund mogul and crypto lover, is preparing for what promises to be a closely watched confirmation hearing.
Crypto-related hacks and scams surged in 2024, with over $3 billion stolen despite a decline in the number of incidents.
The recent depegging of USDO, which saw its value drop to $0.87 with a decrease of -7.1%, highlights the intrinsic risks associated with yield-bearing stablecoins.
Indian users will be unable to open new trades or access products on the platform from Jan. 12, though withdrawals are not affected.
Philippine banks are working together to launch PHPX, a peso-backed stablecoin on the Hedera network.
Cryptocurrency exchanges have argued that pension funds should be allowed to invest in crypto assets, enabling South Africans to benefit from the substantial growth in cryptocurrency value. South African Treasury Urged to Formulate Progress-Promoting Policies South African crypto exchanges have called on authorities to remove a prohibition barring pension funds from investing in crypto assets.
Markets across various asset classes are bracing for the release of December's US jobs report, an economic indicator that could affect markets on all fronts: equities, bonds, and cryptocurrencies. Expectations are mixed, with investors anxiously eyeing the data to gauge the Federal Reserve's next moves.
Banking giant Standard Chartered is launching crypto services in Europe after obtaining a digital asset license in Luxembourg under the MiCA regulatory framework.